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<p>[QUOTE="doug5353, post: 2203407, member: 73555"]Since the Chinese government itself is buying and selling stocks, and has prohibited a considerable number of Chinese stocks from trading at all, the numbers are meaningless, and there's no sensible conclusion that can be drawn from current trading activity, whether stats or trends. </p><p><br /></p><p>The premiums for precious metals have more than doubled in the past six weeks; this is easily verified by looking at Apmex, MCM, and Provident. In April, you could buy for $1.50 (per ounce) over the (paper) spot price. Now it's more like $3.50 to $4.50 depending on quantity, and many types of item are "out of stock."</p><p><br /></p><p>I am speaking primarily of 90%, not Mint products, not Eagles, not rounds.</p><p><br /></p><p>Something is getting ready to happen. If I knew what, I'd be a millionaire by Labor Day. Best guess among commentators - preparations to bring the yuan into the "basket" of global reserve currencies, in late September. Personally, I do not think this will occur.[/QUOTE]</p><p><br /></p>
[QUOTE="doug5353, post: 2203407, member: 73555"]Since the Chinese government itself is buying and selling stocks, and has prohibited a considerable number of Chinese stocks from trading at all, the numbers are meaningless, and there's no sensible conclusion that can be drawn from current trading activity, whether stats or trends. The premiums for precious metals have more than doubled in the past six weeks; this is easily verified by looking at Apmex, MCM, and Provident. In April, you could buy for $1.50 (per ounce) over the (paper) spot price. Now it's more like $3.50 to $4.50 depending on quantity, and many types of item are "out of stock." I am speaking primarily of 90%, not Mint products, not Eagles, not rounds. Something is getting ready to happen. If I knew what, I'd be a millionaire by Labor Day. Best guess among commentators - preparations to bring the yuan into the "basket" of global reserve currencies, in late September. Personally, I do not think this will occur.[/QUOTE]
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